IBN
ICICI Bank Limited Financial Services - Banking Investor Relations →
ICICI Bank Limited (IBN) closed at $31.18 as of 2026-02-02, trading 21.2% above its 200-week moving average of $25.72. The stock moved further from the line this week, up from 14.2% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Over the past 1301 weeks of data, IBN has crossed below its 200-week moving average 16 times. On average, these episodes lasted 22 weeks. Historically, investors who bought IBN at the start of these episodes saw an average one-year return of +28.2%.
With a market cap of $111.5 billion, IBN is a large-cap stock. Return on equity stands at 16.8%, a solid level. The stock trades at 5.8x book value.
Share count has increased 2.5% over three years, indicating dilution.
Over the past 25 years, a hypothetical investment of $100 in IBN would have grown to $3240, compared to $930 for the S&P 500. That represents an annualized return of 14.9% vs 9.3% for the index — confirming IBN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: IBN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After IBN Crosses Below the Line?
Across 16 historical episodes, buying IBN when it crossed below its 200-week moving average produced an average return of +29.1% after 12 months (median +18.0%), compared to +15.8% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +41.5% vs +27.7% for the index.
Each line shows $100 invested at the moment IBN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
IBN has crossed below its 200-week MA 16 times with an average 1-year return of +28.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2001 | Jun 2002 | 65 | 67.1% | -17.7% | +2816.2% |
| Jun 2002 | Jun 2003 | 54 | 28.9% | +6.7% | +3344.0% |
| Jun 2008 | Sep 2009 | 63 | 69.1% | +7.6% | +601.5% |
| Oct 2009 | Nov 2009 | 1 | 7.4% | +69.7% | +540.4% |
| Feb 2010 | Feb 2010 | 1 | 2.9% | +30.4% | +500.5% |
| Aug 2011 | Aug 2011 | 2 | 2.1% | -2.2% | +434.9% |
| Sep 2011 | Jan 2012 | 18 | 27.5% | +17.0% | +464.5% |
| Apr 2012 | Jul 2012 | 15 | 19.0% | +26.9% | +488.2% |
| Aug 2012 | Sep 2012 | 2 | 5.6% | -18.7% | +489.4% |
| Jun 2013 | Mar 2014 | 37 | 32.5% | +28.9% | +396.5% |
| Nov 2015 | Jan 2017 | 65 | 36.9% | +0.9% | +346.8% |
| Mar 2017 | Mar 2017 | 1 | 2.0% | +25.3% | +339.7% |
| Apr 2017 | Apr 2017 | 1 | 0.9% | +13.7% | +334.4% |
| Jun 2018 | Jul 2018 | 4 | 3.7% | +56.8% | +302.5% |
| Mar 2020 | Aug 2020 | 22 | 24.9% | +101.6% | +302.1% |
| Sep 2020 | Sep 2020 | 1 | 3.5% | +104.1% | +235.9% |
| Average | 22 | — | +28.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02